The Competition Commission of India (CCI) has approved the divestment of Reliance Jio’s telecom tower assets to Brookfield Infrastructure Partners LP and other investors. The other investors include British Columbia Investment...
Read MoreITI Limited has said that it will launch its follow-on public offer (FPO) on January 24, 2020 and the issue will close on January 28, 2020. The company’s FPO is expected to generate Rs 16 billion. The price band for the...
Read MoreAs per industry sources, Gail (India) Limited, Power Grid Corporation of India and Oil India Limited are planning to file petitions seeking a review of the Supreme Court’s order that necessitates them to pay over Rs 3 trillion...
Read MoreEVI Technologies (EVIT) and Bharat Sanchar Nigam Limited (BSNL) have signed a pact to set up battery swapping and charging stations. Under the 10-year MoU, EVIT would install charging infrastructure at 5,000 locations of BSNL...
Read MoreSterlite Technologies Limited (STL) has received a contract from Telangana Fiber Grid Corporation Limited (T-Fiber) to create a high speed rural broadband network across the state. As part of this, T-Fiber and STL will work...
Read MoreAfter over two years of deliberations, Thiruvananthapuram city corporation has lowered the pole rent charged from telecom companies from Rs 5,000 to Rs 500. The move comes after a council meeting of the corporation held recently...
Read MoreReliance Industries will be divesting its telecoms arm, Jio’s telecom tower assets to Canada’s Brookfield Infrastructure Partners LP for Rs 252.15 billion. To this end, Reliance Industrial Investments and Holdings...
Read MoreTech Mahindra Limited has secured its largest smart city project worth Rs 5 billion from Pimpri Chinchwad Municipal Corporation (PCMC), Asia’s richest municipal corporation. Through this project, Tech Mahindra will engage with...
Read MoreAs per minister of state for communications, Sanjay Dhotre, over 6,549 villages in Odisha do not have access to mobile phone services according to data collected by telecom service providers (TSPs) and the Department of...
Read MoreOppo is planning to open its second R&D centre in India. At present, Oppo has one R&D centre in Hyderabad and the second centre may be set up in Bengaluru. The company has recently announced plans to invest $7 billion in...
Read MoreGovernment has selected Maker Village in Kochi as a centre under its SPARSH programme. Government’s Social Innovation Programme for Products Affordable and Relevant to Societal Health (SPARSH), aims to strengthen the agriculture...
Read MoreTejas Networks has partnered Bharat Electronics to offer optical transmission, access and data-switching products for the company’s turnkey projects in India and abroad. The MoU envisages strategic cooperation covering the use...
Read MoreUTStarcom is planning to set up its manufacturing plant and a research and development centre in India after Bharat Sanchar Nigam Limited (BSNL) clears its dues. UTStarcom supplies network gears for broadband service mainly to...
Read MoreApple’s component supplier, Salcomp, has bought Nokia’s handset factory near Chennai for Rs 2,150 million. The deal has set the stage for the revival of the factory, which was shut down in late 2014 after a tax dispute. Salcomp...
Read MoreThe government may impose a provisional safeguard duty of 25 per cent on imports of single-mode optical fibre used for signal transmission. The move is based on an investigation by Ministry of Commerce citing a sudden and...
Read MoreThe Kerala government has approved the Kerala Fibre Optic Network (KFON) for providing free high-speed internet connection to around 2 million families in the state. The project is worth Rs 15.48 billion and will be completed by...
Read MoreSome vendors of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) are planning to move insolvency pleas against the two operators for non-payment of their dues. As per PHD Chamber of Commerce, the...
Read MoreBharti Infratel has announced its results for the quarter ended (QE) September 30, 2019. The company has witnessed a rise of 61 per cent in profit after tax (PAT) from Rs 6 billion in September 2018 to 9.64 billion in September...
Read MoreAs per Cellular Operators’ Association of India (COAI), mobile tower installations have reached only 60 per cent of the intended target of 100,000 towers annually. This is mainly due to delay in permissions from local...
Read MoreThe Telecom Equipment Manufacturers Association (TEMA) has written to the telecom minister asking him to intervene for seeking dues worth Rs 30 billion from Bharat Sanchar Nigam Limited (BSNL). The vendors have requested the...
Read MoreThe ministry of electronics and information technology (MeitY) has launched an automated real-time performance smart-board to effectively monitor key government programmes. The smart-board will focus on the effective monitoring...
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